WE haven’t seen a single Mercedes, Rolls-Royce or Prada collection bag fly out of Singapore.” Song Seng Wun, a regional economist with CIMB-CK Securities in Singapore, said these words in order to indicate that there have been no changes in the country following the signing of the extradition treaty between Indonesia and Singapore.

Indeed, the agreement appears to have no visible influence on Singapore markets. According to Ken Conboy, a Jak